SimpleFunctions
Winner-take-all answer·8 source contracts·Kalshi 8·refreshed just now·Closes Dec 31, 2027 · 467d

2027 Best International Feature Film Oscar nominations

Leader sits at 84% across 8 bound outcomes, runner-up at 77%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

84%

The Black Ball

runner-up 77¢leader 84¢

Outcomes

8

winner-take-all

Runner-up

77¢

All of a Sudden

Spread

7pp

contested

24h volume

$40

thin orderbook

Closes

Dec 31, 2027

467 days

Venue

Kalshi

8 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayThe Black Ball: 85% (21 days, 4 points)The Black Ball: 85% on 2026-08-31All of a Sudden: 77% (21 days, 14 points)All of a Sudden: 77% on 2026-09-18Fjord: 74% (21 days, 10 points)Fjord: 74% on 2026-09-19
The Black Ball85¢All of a Sudden77¢Fjord74¢
Top 3 candidates by current price · 21d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects market expectations that the 2027 Academy Awards will receive nominations in the International Feature Film category—a core component of the Oscars that has occurred consistently for decades. The 86% price indicates traders view this as highly likely but not certain, accounting for risks like major changes to Academy rules or the elimination of this category. The primary driver of movement will be official Academy announcements regarding 2027 Oscar categories, particularly any structural changes to the awards process. The critical resolution point is the Academy's formal announcement of eligible categories for the 2027 ceremony, typically made in the fall preceding the ceremony. Secondary factors include any major institutional decisions affecting the film industry that might influence Academy governance.

  • The International Feature Film category has been a consistent Oscar category for 20+ years with no official signals of discontinuation
  • Academy governance changes are rare and typically announced well in advance through official channels, not through informal reporting
  • The category's elimination would require deliberate institutional action from the Academy, not passive omission
  • Current market prices on specific films (1949/Fatherland at 68¢, The Black Ball at 84¢) suggest traders expect the category to exist for film selection
  • The 24-hour volume of $0 across all contracts indicates minimal recent trading activity, meaning the 86% price may reflect older information rather than fresh market signals

What moved the line

  • Sep 19Minotaur51pp6110¢ · Kalshi
  • Sep 18Minotaur17pp4461¢ · Kalshi
  • Sep 181949 / Fatherland7pp5346¢ · Kalshi
  • Sep 171949 / Fatherland5pp5853¢ · Kalshi
  • Sep 17Fjord4pp7773¢ · Kalshi

Recently closed in entertainment

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Adjacent prediction questions.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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